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What are the main things to consider before approaching the bank for backing to go into herd-owning sharemilking? Sian Mitchell, ANZ agri manager, explains how to get yourself into as strong a position as possible to secure the bank’s support. She also covers the loan approval process, how and why the bank takes security over the cows, GST loans, loan structures, coping with profit ups and downs, and more.

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Additional resources

Sharemilking

/business/setting-up/sharemilking/
Learn more

Herd-Owning

/people/opportunities-for-self-employment/contract-milking/
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Business by the Numbers

https://www.dairytraining.co.nz/courses/business-by-the-numbers/
Learn more

Progression management

https://www.dairytraining.co.nz/courses/progression-management/
Learn more
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